Stora Enso stops all production and sales in Russia

Stora Enso announced that they will stop all production and sales in Russia until further notice. Stora Enso has three corrugated packaging plants and two wood products sawmills in Russia (according to WhatWood, the total annual sawn timber production capacity of these plants is 340,000 m³), employing around 1,100 people.

The Company will also stop all export and import to and from Russia. Stora Enso’s sales in Russia is approximately 3% of total Group revenues.